Five Things You Need to Know to Start Your Day

Health-care workers strike. Bankman-Fried accused of lying. Treasury selloff pauses. Here’s what you need to know today.

More than 75,000 Kaiser Permanente workers began striking Wednesday morning, threatening to interrupt one of the largest US health-care providers and adding to a months-long series of labor disruptions across the nation’s economy. The three-day strike could stall services for nearly 13 million people in at least half a dozen states. Meanwhile, General Motors Co. said a historic strike by the United Auto Workers has already cost $200 million in its first two weeks, prompting the company to secure credit as it braces for more losses.